FORFARMERS And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – FORFARMERS (FFARM.AS), KID (KID.OL), ABN AMRO BANK N.V. (ABN.AS) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.

When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.

1. FORFARMERS (FFARM.AS)

126.67% Payout Ratio

ForFarmers N.V. provides feed solutions for conventional and organic livestock farming in the Netherlands, Belgium, Germany, Poland, and the United Kingdom. It offers compound feed and blends, feed for young animals and specialties, raw materials and coproducts, seeds, and fertilizers. The company is involved in production and delivery of feed, as well as engaged in logistics services. ForFarmers N.V. was founded in 1896 and is headquartered in Lochem, the Netherlands.

Earnings Per Share

As for profitability, FORFARMERS has a trailing twelve months EPS of €0.148.

PE Ratio

FORFARMERS has a trailing twelve months price to earnings ratio of 21.49. Meaning, the purchaser of the share is investing €21.49 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.12%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 17, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.25%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.7%, now sitting on 3.32B for the twelve trailing months.

Yearly Top and Bottom Value

FORFARMERS’s stock is valued at €3.18 at 01:10 EST, way under its 52-week high of €3.59 and way above its 52-week low of €2.25.

More news about FORFARMERS.

2. KID (KID.OL)

113.01% Payout Ratio

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, kitchen products, lamps, napkins, oils and spices, outdoor furniture, and other interior products. The company provides its products under the Kid, Hemtex, Dekosol, and Nordun brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr7.68.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 10.44. Meaning, the purchaser of the share is investing kr10.44 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.66%.

More news about KID.

3. ABN AMRO BANK N.V. (ABN.AS)

47.45% Payout Ratio

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.07.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 7.11. Meaning, the purchaser of the share is investing €7.11 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.34%.

Moving Average

ABN AMRO BANK N.V.’s worth is under its 50-day moving average of €15.50 and way higher than its 200-day moving average of €11.89.

More news about ABN AMRO BANK N.V..

4. CARREFOUR (CA.PA)

39.39% Payout Ratio

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce sites; and service stations. Its stores offer fresh produce; local products; consumer goods; and non-food products, including electronic and household appliances, textiles, and childcare products. The company is also involved in banking, insurance, property development, and franchise activities; the provision of travel agency services; and the rental of shopping malls. Carrefour SA was founded in 1959 and is based in Massy, France.

Earnings Per Share

As for profitability, CARREFOUR has a trailing twelve months EPS of €1.32.

PE Ratio

CARREFOUR has a trailing twelve months price to earnings ratio of 13.38. Meaning, the purchaser of the share is investing €13.38 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.51%.

Volume

Today’s last reported volume for CARREFOUR is 560723 which is 75.53% below its average volume of 2291690.

Moving Average

CARREFOUR’s value is higher than its 50-day moving average of €17.53 and higher than its 200-day moving average of €16.63.

More news about CARREFOUR.

Leave a Reply

Your email address will not be published. Required fields are marked *